Caps on wholesale fuel prices to make a comeback

A fuel tanker on Kiambu Road, Nairobi. PHOTO | NMG

Caps on wholesale prices of fuel will be reintroduced following an end to the subsidy on pump prices, in a move meant to shield independent dealers who have for months been forced to negotiate the prices of bulk supplies with the big players.

The Energy and Petroleum Regulatory Authority (Epra) stopped setting caps on wholesale prices of fuel in May last year following the introduction of subsidy on super, diesel and kerosene.

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